Tax is the money that must be paid to the government. It is being collected from both individuals and companies. Taxation exists to fund spending for the government and various public expenditures.
There are many different types of taxes, such as sales tax, wealth tax, property tax, estate tax, use tax, gift tax, and so on.
The first known taxation in history took place in Ancient Egypt around 3000 - 2800 BC.
Every country has different taxation rates on different income or sales types. For detailed information on taxes you can see the list of countries by tax rates.
Use the tool above to calculate tax.